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The Reformed Financial Mechanism

The success of the current international climate change negotiations crucially depends on how much finance is going to be made available to support developing country climate change activities, and it is unlikely that adequate financing will be forthcoming in the absence of an acceptable governance framework.

The substantive aims of the project focus on four primary areas, on which to generate recommendations:

  • How to design decision making processes and remits for the UNFCCC COP and RFM Executive Board so as to ensure sufficient political oversight and buy-in, without the danger of over-politicized micro-management of the RFM management of its financial flows.
  • How to insure proper stakeholder representation, in particular, how to design the selection of stakeholder representatives, and how to design their role in the decision-making process.
  • How to design independent oversight (audit, monitoring, and evaluation) procedures within the framework of existing legal arrangements which will provide sufficient safeguards against malpractice both at the international and the national level.
  • How to oversee financial flows for compliance with financial commitments.


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RFM Bibliography

•  Benito Muller ENHANCED DIRECT ACCESS: Submission to the Transitional Committee on the issue of Thematic Funding Windows (Workstreams II & III) OIES paper  Aug 2011 pdf 313kb

•  Farrukh Iqbal Khan and Benito Muller What Functions? What Form?: Operationalizing the Standing Committee ecbi Policy Brief  Aug 2011 pdf 616kb

•  Benito Muller Dissecting the Green Climate Fund: Submission to the Transitional Committee on the issue of Thematic Funding Windows (Workstreams II & III) Oxford Institute for Energy Studies  July 2011 pdf 172kb

•  Anju Sharma The role of non-governmental actors: SUBMISSION WITH REGARD TO WORK STREAM II, SUB-WORK STREAM 2 Oxford Institute for Energy Studies  June 2011 pdf 112kb

•  Benito Muller Some further thoughts on the draft TC work plans Oxford Institute for Energy Studies  May 2011 pdf 124kb

•  Benito Muller and Anju Sharma Submission of views regarding the questions for the first technical workshop: of the Transitional Committee suggested by the co-facilitators of work stream I Oxford Institute for Energy Studies  May 2011 pdf 252kb

•  Farrukh Iqbal Khan The Green Climate Fund: What needs to be done for Durban (COP 17) Oxford Energy and Environment Brief  Feb 2011 pdf 140kb

•  Sven Harmeling and Benito Müller What to do now?: Elements for organizing the Transitional Committee to establish the Green Climate Fund, based on lessons learned from the Global Fund experience Oxford Energy and Environment Brief  Jan-11 pdf 188kb

•  Benito Müller and Sven Harmeling In the Footsteps of the Global Fund: How to establish the new climate fund Outreach COP16 Day 2  Nov-10 pdf 1,763kb

•  Benito Müller and Achala Chandani What Expertise?: On who should be drafting the framework documents for a new Global Climate Fund Oxford Energy and Environment Comment  Nov-10 pdf 136kb

•  Benito Müller Climate Finance after Tianjin: How to reach a deal at Cancun? ecbi Policy Brief  Nov-10 pdf 514kb

•  Benito Müller UN Climate Finance Negotiations: What after Tianjin, and how? European Climate Platform (ECP) Background Paper  Oct-10 pdf 304kb

•  David Ciplet, Benito Müller and J Timmons Roberts How many people does it take … to administer long-term climate finance? ecbi Policy Report  Oct-10 pdf 4.9Mb

•  Luis Gomez-Echaverri National Funding Entities: Their role in the transition to a new paradigm of global cooperation on climate change ecbi Policy Brief  Oct-10 pdf 1200kb

•  Benito Müller Reforming the Financial Mechanism: Some thoughts put together by the 2010 ecbi Fellowship ecbi Report  Oct-10 pdf 72kb

•  Compiled by Anju Sharma ecbi Oxford Seminar 2010: Proceedings ecbi Report  Oct-10 pdf 752kb

•  Benito Müller Why Reinvent the Wheel?: On establishing new funds while guiding and holding accountable operating entities of the UNFCCC financial mechanism OIES Energy & Environment Comment  Sep-2010 pdf 332kb

•  Momodou Njie, with contributions by Benito Müller Climate Financing for Developing Countries: A post-Copenhagen synopsis ecbi Policy Brief  Jun-10 pdf 392kb

•  Benito Müller The Reformed Financial Mechanism of the UNFCCC: Post Copenhagen Architecture and Governance ecbi Policy Brief  Apr-10 pdf 396kb

•  Anju Sharma The Reformed Financial Mechanism of the UNFCCC: Renegotiating the role of civil society in the governance of climate finance OIES EV 50  Apr-10 pdf 664kb

•  Benito Müller with contributions by Anju Sharma, Luis Gomez-Echeverri, Dane P. Rook, and Achala Chandani The Reformed Financial Mechanism of the UNFCCC Part II. The Question of Oversight: Post Copenhagen Synthesis Report Oxford Energy and Environment Background Paper  Apr-10 pdf 1140kb

•  Benito Müller No Trust Without Respect: Adaptation Quick Start Funding at the Cross Roads Oxford Energy and Environment Comment  Mar-10 pdf 152kb

•  Benito Müller On the Need to Certify: Oversight of compliance with financial commitments under the UN Framework Convention on Climate Change Oxford Energy and Environment Comment  Dec-09 pdf 504kb

•  Benito Müller The Time is Right!: Devolution of funding decisions to designated national/regional climate change funding entities Oxford Energy and Environment Comment  Nov-09 pdf 176kb

•  Benito Müller Procrustes' Bed & Ockham's Razor: The debate on existing institutions in climate finance Oxford Energy and Environment Comment  Nov-09 pdf 400kb

•  Benito Müller Under the Authority of the COP? Oxford Energy and Environment Comment  Oct-09 pdf 132kb

•  Benito Müller Is There Room for Compromise?: The debate on institutional arrangements for climate finance Oxford Energy and Environment Comment  Oct-09 pdf 472kb

•  Compiled by Anju Sharma Climate Change Finance: Proceedings of the 2009 Oxford Fellowship and Seminar ecbi Report  Sep-09 pdf 884kb

•   Key Issues on Governance of Climate Change Finance: proceedings, La Redoute Bad Godesberg 9 August 2009 ecbi Policy Brief  Sep-09 pdf 328kb ; and written UK Answers to the Moderator's Questions Sep-09: pdf 172kb

•  Benito Müller, Luis Gomez-Echeverri Le mécanisme financier restructuré de la CCNUCC: Architecture at gouvernance ecbi note de politique generale  Jun-09 pdf 228kb

•  Benito Müller 2009 Bonn Seminar: On Future Financial Architecture & Governance ecbi Policy Brief  Jul-09 pdf 272kb

•  Benito Müller Are Treasuries killing the climate deal? Oxford Energy and Environment Comment  Jun-09 pdf 104kb ; 富国财政部将扼杀气候协议吗? Jun-09: 322kb

•  Benito Müller and Richard J T Klein Adaptation Financing Instruments: Policy Brief for the Financing for Development Conference on Climate Change Kigali  May-09 pdf 132kb

•  Benito Müller The Reformed Financial Mechanism of the UNFCCC Part I: Architecture and Governance Oxford Institute for Energy Studies Background Paper EV45  Apr-09 pdf 654kb

•  Benito Müller, Luis Gomez-Echeverri The Reformed Financial Mechanism of the UNFCCC: Architecture and Governance ecbi Policy Brief  Apr-09 pdf 204kb

•  Benito Müller, Luis Gomez-Echeverri The Financial Mechanism of the UNFCCC: A Brief History ecbi Policy Brief  Apr-09 pdf 192kb

•  Benito Müller The Global Environment Facility (GEF) and the Reformed Financial Mechanism (RFM) of the UNFCCC: with a Reply by Monique Barbut Apr-09 pdf 128kb

•  Benito Müller To Earmark or Not to Earmark?: A far-reaching debate on the use of auction revenue from (EU) Emissions Trading Oxford Institute for Energy Studies EV 43  Nov-08 pdf 444kb

•  Benito Müller International Adaptation Finance: The Need for an Innovative and Strategic Approach Oxford Institute for Energy Studies EV 42  Jun-08 pdf 1.9Mb

•  Benito Müller and Cameron Hepburn IATAL - an outline proposal for an International Air Travel Adaptation Levy EV36 Oxford- Oxford Institute for Energy Studies  Oct-06 pdf 0.7MB

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